Established & Profitable Southern Oregon Business!

Grants Pass, OR (Josephine County)

Seller Financing Available
Established & Profitable Southern Oregon Business!
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Asking Price: $350,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $395 /Month

Established: 1979

Established & Profitable Southern Oregon Business!

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Business Description

Over 24% Cap Rate!

Great Reputation & Great Customer Base! Growth Opportunities await you! Business has grown steadily the last several years. Current owner works remotely; a new owner could be more hands on. Begun in 1979 as Abbey Road Chimney Sweep, it is now the largest duct cleaning company in Southern Oregon. Great investment opportunity for the right person. The fully trained crew is interested in staying on. Office space is currently leased (through March 2019) but previously all work was managed from a home office. They do inspections, cleaning, repair and replacement of ducts, chimney inspections, cleaning and repairs as well as dryer vent cleaning, all for commercial and residential customers. Referred often by HVAC professionals and with more business than the current crew can handle--meaning there's room to expand. P and L and other financial information available to serious qualified buyer with signed Non-Disclosure Addendum.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
400
Lease Expiration:
3/31/2019
Employees:
3
Facilities:
Includes equipment, the Abbey Road truck (pictured in photo) a work van and some pipe and installation inventory. No real estate included, no employee personal tools are included.
Competition:
With the ONLY vac truck in So. Oregon, and a less stellar competitor, they are regularly referred by HVAC professionals as well as getting referrals and repeat business from satisfied customers.
Growth & Expansion:
Expansion could be through adding an additional trained crew. Also obtaining NADCA certification for duct work and becoming an Energy Trust of Oregon member would increase business. There are additional ways to promote the business that are not done now. The only advertising done is through yellow pages and the website.
Financing:
Seller will consider financing with $200,000. down. NDA required for P& L info.
Support & Training:
Owner will fully train buyer and be available for questions for 6 months after sale.
Reason for Selling:
Owner is looking to completely retire.
Business Website:
http://abbyroads.com
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Business Listed By:
Lori Patch

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